Cost of Living: Oakes, ND vs Thayer, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Oakes | Thayer |
|---|---|---|
| Housing Index | 78.0 | 85.0 |
| Median Home Price | $197,000 | $144,000 |
| Average Rent (2 BR Apartment) | $950 | $1200 |
| Average Rent (2 BR House) | $975 | $1360 |
Housing Comparison: Oakes vs Thayer
- In Oakes, the median home price is higher at $197,000, while in Thayer it is $144,000.
- Renting a two-bedroom apartment costs more in Oakes at $950 than in Thayer at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Oakes | Thayer |
|---|---|---|
| Electricity Price | $13.65 | $14.64 |
| Natural Gas Price | $10.8 | $23.25 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Oakes vs Thayer
- Thayer has higher electricity costs at $14.64 per kWh, versus $13.65 in Oakes.
- Thayer experiences higher natural gas costs at $23.25 per unit, with costs at $10.8 in Oakes.
- Thayer has higher utility expenses, averaging $250, while Oakes averages $200.